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Ivorian brothers dream of transforming cocoa industry

In a factory in southern Ivory Coast, where machines hum to produce chocolate bars and spreads, twin brothers dream of becoming ‘giants of cocoa processing’. Ivory Coast, which holds its presidential election this Saturday, is the world’s leading cocoa producer but only processes about 40 per cent locally while the rest is exported.

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Modhumoti Bank opens 2 sub-branches

Modhumoti Bank PLC on Thursday launched operations of its two new sub-branches at Banasree and Uttara Sector-12 in the capital, said a press release.

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Oil and gas majors stick to their guns on climate advertising

Oil and gas companies have increasingly come under legal attack over their role in contributing to global warming, yet unlike other industries that face tougher regulations they have not abandoned their climate marketing claims.

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EBL hosts financial literacy seminar at NSU

Eastern Bank recently organised an exclusive seminar on financial literacy titled ‘EBL Campus Connect: Inspiring New Generation in Banking’ at North South University, said a press release.

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Russia cuts key interest rate, warns of tepid growth

Russia’s central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions.

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Ford profits jump as it lowers forecast on hit from supplier fire

Ford cut its full-year profit forecast Thursday following a fire-related outage at a major supplier as the automaker reported a jump in quarterly profits. The third-quarter results easily topped analyst estimates, reflecting the lift from higher auto sales. Ford also signaled a significantly improved outlook on the full-year hit from President Donald Trump’s trade tariffs following recent White House announcements.

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Islami Bank, Mastercard launch digital payment ecosystem at CU

Islami Bank Bangladesh PLC, in collaboration with Mastercard, inaugurated a fully cashless university campus under the Bangladesh Bank’s ‘Cashless Bangladesh’ initiative, enabling teachers, students and visitors to conduct cashless transactions at Chattogram University.Â